Sunway Real Estate Investment Trust
(June 26, RM1.60)

CapitaMalls Malaysia Trust
(June 26, RM1.39) 
Maintain neutral with an unchanged target price of RM1.45: CapitaMalls will raise RM395.5 million via equity placement for the acquisition of Tropicana City Mall and Tropicana Tower Office for a total acquisition cost of RM565 million. 

Bina Puri Holdings Bhd
(June 26, 54 sen)
Maintain buy with a new target price of 72 sen: Bina Puri has accepted a letter of award from Medini Development Sdn Bhd to undertake office building works in Medini, Iskandar Malaysia, for a contract sum of RM195 million, to be completed within a period of 29 months.

Non-residential properties in Setapak have outperformed the Kuala Lumpur average in the past two years.

Prices are too high and development is moving outwards but the influx of job seekers into Kota Kinabalu will sustain the market, says analyst.

More launches and a greater range of housing products have raised the profile of an original KL district

Real estate agents should be consultants, not salesmen, says Reapfield Properties Sdn Bhd real estate negotiator Jonathan Kuek.

From an analysis of transactions by theedgeproperty.com, the older properties have led in price growth, given their low starting price points

Preliminary assessment values the Extension at 32 sen per share, based on a dividend discount model methodology. We revise up our 2017 estimate (E) net profit by 4.5% to account for the Extension’s nine-month contribution.

With numerous flats and low-cost apartments in the area, some 56% of residential property sales in the 12 months to 3Q2014 fell within the RM201 – RM400 psf range